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Franchise or Licensing ageement?

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GHVan

New Contributor
Joined
Jul 13, 2008
Messages
47
Location
Vancouver, Canada
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$180
User Power: 6%
Currently, I have an internet business which has been doing very well so far. I have been approached by a very interested group out of state who currently wants to use my backend technology and have the territorial rights.
However, I'm not sure whether I should take the route of a franchise model or a territorial licensing agreement?
Also, I'm wondering if there would be a possibility if someone would have a example of a Licensing agreement that is catered to a technology company that I could reference of off.
I really appreciate the feedback!!

GHVan
 
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Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

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